NOT LISTED FOR SALE

888 Emerald Ave NE Grand Rapids, MI 49503

Estimated Value: $270,000 - $326,377

3 Beds
1 Bath
1,902 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $31,100 $16 Per Sq Ft

Est. 840% increase in value since last sale

Current estimated payment $1,808/month

23 Days on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Traditional Architecture
  • Living Room
  • Dining Area

About This Home

As of February 2017

This is a REO property and has been condemned by the city of Grand Rapids and interior access is not granted at this time. Home is sold ''AS IS'' Due to access issues inspections are not likely to be completed on the home, except exterior visual inspections. There are city violations which will need to be corrected prior to occupancy. City has not inspected the interior of the property. A list of violations is attached. This is a 3 bedroom vinyl sided home with a 2 stall garage and is in need of work. See MLS addendum and attached CITY VIOLATIONS AND OFFER TIMELINE.

Last Agent to Sell the Property

Nicky Fahselt

Ford Real Estate of Mich LLC License #6501171738 Listed on: 12/06/2016

Last Buyer's Agent

Nicky Fahselt

Ford Real Estate of Mich LLC License #6501171738 Listed on: 12/06/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1875

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 99x185
  • Property is zoned res imp, res imp

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1875
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 99x185
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1902.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2650.0
  • Tax Info:Zoning3: res imp
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 998.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Michigan Basement
  • LivingArea: 1902.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 904.0
  • Below Grade Sq Ft: 904.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 29900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Dimensions: 99x185
  • Lot Size Sq Ft: 18315.0
  • Zoning Description: res imp
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2650.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2016
Closed on
Apr 4, 2017
Sold by
Deboer Daniel B
Bought by
Deboer Daniel B
Seller's Agent
Nicky Fahselt
Ford Real Estate of Mich LLC
Buyer's Agent
Nicky Fahselt
Ford Real Estate of Mich LLC
List Price
$29,900
Sold Price
$31,100
Premium/Discount to List
$1,200
4.01%
Current Estimated Value
$292,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,244
Avg. Annual Appreciation
29.09%

Purchase Details

Closed on
Jan 17, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Wells Farg Bank Na

Purchase Details

Closed on
Jul 18, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 13, 2012
Sold by
Rysdyk Jason and Rysdyk Jennifer
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 25, 2005
Sold by
Helferich Carrie and Girard Carrie A
Bought by
Rysdyk Jason and Rysdyk Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,275
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2000
Sold by
Rose Rose K K and Rose Girard C
Bought by
Wells Girard C and Wells Fargo Bank Na

Purchase Details

Closed on
Jul 1, 1993
Sold by
Nobel Nobel G G and Nobel Rose K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 3, 1990
Sold by
Nobel Nobel G G and Nobel G
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 2, 1990

Purchase Details

Closed on
Feb 1, 1990
Sold by
Yenko Est and Yenko Stewart
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deboer Daniel B -- None Available
Wells Farg Bank Na -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $83,013 None Available
Rysdyk Jason $87,000 --
Wells Girard C $75,500 --
Wells Fargo Bank Na $50,000 --
Wells Fargo Bank Na -- --
-- -- --
Wells Fargo Bank Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rysdyk Jason $86,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $31,100 +4.0% $16 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $29,900 -- $16 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,323 $133,100 $0 $0
2024 $2,323 $118,100 $0 $0
2023 $2,357 $98,400 $0 $0
2022 $2,238 $88,500 $0 $0
2021 $2,188 $80,700 $0 $0
2020 $2,092 $74,400 $0 $0
2019 $2,190 $67,200 $0 $0
2018 $2,115 $60,800 $0 $0
2017 $1,340 $44,500 $0 $0
2016 $2,055 $42,800 $0 $0
2015 $3,182 $42,800 $0 $0
2013 -- $37,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16059186

Southwestern Michigan Association of REALTORS®

APN: 41-14-20-155-017